Law Students

Law Schools Where You’re Most Likely to Pay Off Your Debt
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

money

Summary: These ten law schools’ graduates have an average starting salary that is more than their average debt. 

We’re told time and time again: There are fewer legal jobs out there, and the cost of law school is ridiculous. For instance, the most expensive law school in the country is Thomas Jefferson School of Law in San Diego. On average, students leave with a total indebtedness of $172,726, but the career prospects are bleak enough that the students feel the need to sue. While some could take this information and just say hell no to law school, there are actually good options out there, and U.S. News and World Report has compiled a list of the top 10.

  
What
Where


The publication famous for ranking schools has outdone themselves. They analyzed law schools’ salary-debt ratio, and they listed the top 10 law schools where students are more likely to pay off their loans. No surprise but these top schools were also ranked in the top 100 of U.S. News’ Best Law School List.

University of Texas–Austin, Yale, and UCLA had the highest median starting salary for graduates with the impressive amount of $160,000. According to U.S. News, UT-Austin students had an average debt of around $100,000 while Yale and UCLA were closer to $120,000. The amounts they studied came from 2014, which means that the $160,000 they listed was probably the former starting salary of BigLaw firms, which has since risen to $180,000. The reason these three schools made the list versus University of Pennsylvania, for instance, is because U-Penn graduates may get the same jobs as Yale or UCLA students but they also have the higher debt of almost $145,000.

Brigham Young University was recently named one of the schools with the most competitive students, and while that kind of environment may be stressful and irritating, it pays off in this case. Graduates start with an average salary of nearly $80,000, an amount that could easily wipe out their total student debt of $54,000.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




University of Alabama, University of Hawaii–Manoa, University of Wisconsin–Madison joined BYU as some of the least expensive schools on the list. While the starting salaries of the graduates at those schools did not match BigLaw salaries, they were still high enough to easily wipe out their debts.

Boston College and Boston University left their students with almost $100,000 in debt, but their graduates could expect to make $145,000/a year.



10 Law Schools Where Starting Salaries Exceed Debt
School (name) (state) Median private sector starting salary (2014 grads) Average student debt (2014 grads) Salary-to-debt ratio U.S. News law school rank
University of Texas—Austin $160,000 $100,868 1.59 15
University of Alabama $105,000 $69,440 1.51 28 (tie)
Boston College (MA) $145,000 $97,006 1.49 30 (tie)
Brigham Young University (Clark) (UT) $79,813 $54,203 1.47 38 (tie)
University of Wisconsin—Madison $115,000 $79,373 1.45 33 (tie)
University of Hawaii—Manoa (Richardson) $77,500 $56,266 1.38 92 (tie)
Yale University (CT) $160,000 $117,093 1.37 1
University of Connecticut $95,000 $70,139 1.35 65 (tie)
Boston University (MA) $145,000 $107,850 1.34 20 (tie)
University of California—Los Angeles $160,000 $121,066 1.32 17

Source: U.S News and World Report



 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Mid-level Litigation Associate Attorney

USA-MD-Baltimore

Baltimore office of our client seeks mid-level litigation associate attorney with 3+ years of experi...

Apply Now

Junior to Mid-Level Labor Associate Attorney

USA-CA-San Francisco

San Francisco office of our client seeks junior to mid-level labor associate attorney with preferabl...

Apply Now

Junior Employment Litigation Attorney

USA-CA-San Francisco

San Francisco office is seeking an attorney with 2-3 years of employment litigation, class action or...

Apply Now

Litigation and Transaction Associate Attorney

USA-OH-Mayfield Heights

Mayfield Heights office of our client seeks litigation and transaction associate attorney with 2-4 y...

Apply Now

RELEVANT JOBS

Legal Assistant

USA-FL-Jacksonville

Small law firm seeking legal assistant with 3+ years working experience as a legal assistant in the ...

Apply now

Staff Attorney

USA-CA-Los Angeles

Position: Staff Attorney Status: Full Time Location: Los Angeles Anticipated Annua...

Apply now

ASSISTANT DIRECTOR OF LEGAL RESOURCES (for Online Resources)

USA-DC-Washington

The National Association of College and University Attorneys (NACUA) seeks a full-time Assistant Dir...

Apply now

Legal Assistant / Paralegal

USA-GA-Columbus

Part-time case management, ordering medical records, setting up medical treatment, subrogating me...

Apply now

SEARCH IN ARCHIVE

To Top